Xenon Pharmaceuticals Inc., a neuroscience-focused biopharmaceutical company, engages in the discovery, development, and delivery of therapeutics to treat patients with neurological and psychiatric disorders. Its product candidates include Azetukalner, a novel, potent Kv7 potassium channel opener which is in Phase 3 clinical development for the treatment of epilepsy, including focal onset seizures, and primary generalized tonic-clonic seizures, as well as neuropsychiatric disorders, such as major depressive disorder and bipolar depression. In addition, the company’s Phase 1 Single Ascending Dose/Multiple Ascending Dose products include XEN1701 targeting the sodium channel and XEN1120 targeting the Kv7 potassium channel for the treatment of pain. The company has a license and collaboration agreement with Neurocrine Biosciences, Inc. for the development of NBI-921355, a Nav1.2/1.6 sodium channel inhibitor that is in Phase 1 clinical trials for the treatment of certain types of epilepsy. Xenon Pharmaceuticals Inc. was incorporated in 1996 and is headquartered in Burnaby, Canada.
Financial Outlook | With a strong balance sheet and analyst price targets ranging from $42 to $65, Xenon navigates market volatility amid clinical progress and setbacks |
Diverse Pipeline | Explore Xenon's robust drug portfolio beyond azetukalner, including promising candidates for various neurological disorders and innovative research initiatives |
Market Potential | Analysts project blockbuster status for azetukalner, with peak sales potentially exceeding $1 billion annually in epilepsy and depression markets |
Pivotal Trials Ahead | Xenon Pharmaceuticals approaches critical phase with lead drug azetukalner in focal onset seizures and major depressive disorder trials, despite recent delays |
Metrics to compare | XENE | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipXENEPeersSector | |
|---|---|---|---|---|
P/E Ratio | −16.2x | −4.3x | −0.5x | |
PEG Ratio | 0.36 | −0.29 | 0.00 | |
Price / Book | 9.7x | 5.9x | 2.6x | |
Price / LTM Sales | 749.2x | 10.8x | 3.2x | |
Upside (Analyst Target) | 34.8% | 92.5% | 45.7% | |
Fair Value Upside | Unlock | 6.1% | 4.8% | Unlock |